Which of the following is an exchange rate that requires delivery of the traded currency within two business days?
A) forward rate
B) spot rate
C) cross rate
D) prime rate
B
Business
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The following ingredients are needed—virgin olive oil, fresh basil, and parmesan cheese
What will be an ideal response?
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An opportunity cost of renting a home rather than buying it is
A) the price of the home. B) the monthly rent. C) potential price appreciation of the home. D) putting up with other renters' noise.
Business